B. Scott White, noted in regulatory filings as both a director and a ten percent owner of New Peoples Bankshares Inc (NASDAQ: NWPP), completed a purchase of company common stock on February 13, 2026. The acquisition consisted of 11,725 shares at a price of $3.838 per share, with the aggregate value of the purchase reported as approximately $45,000.
Following the transaction, the filing shows that White directly holds 1,113,205 shares of New Peoples Bankshares. The disclosure further documents a range of indirect holdings held in various fiduciary and affiliated capacities. Specifically, White is recorded as trustee for the B. Scott White Trust with 250,717 shares; trustee for an IRA fbo B. Scott White holding 156,637 shares; trustee of an irrevocable trust for a child with 9,056 shares; and trustee for four irrevocable trusts for grandchildren totaling 662,793 shares.
The filing also identifies additional indirect ownership outside those trustee roles. Sky Investments LLC is recorded as holding 1,255,247 shares attributable to White indirectly. His spouse is reported to hold 136,060 shares. Finally, SBTB, L.P. is listed with 2,061,666 shares attributed to his indirect ownership.
The registration-style disclosure in the filing therefore itemizes both direct and layered indirect positions across personal, family and affiliated entities. The document provides the transaction date, share count, per-share price and an approximate total value for the purchase. It does not, within the information reported, state any additional context such as the purpose of the acquisition beyond the raw ownership and transaction details.
Detailed ownership listed in the filing
- Direct ownership after transaction: 1,113,205 shares
- Trust holdings as trustee: 250,717 (B. Scott White Trust); 156,637 (IRA fbo B. Scott White); 9,056 (irrevocable trust for a child); 662,793 (four irrevocable trusts for grandchildren, combined)
- Other indirect holdings: 1,255,247 shares (Sky Investments LLC); 136,060 shares (spouse); 2,061,666 shares (SBTB, L.P.)
- Transaction: 11,725 shares purchased on February 13, 2026 at $3.838 per share - total approximately $45,000
The filing provides a snapshot of a significant aggregation of holdings tied to one director, recorded across direct, trustee and affiliated ownership channels. The data is limited to the particulars of the trade and the breakdown of holdings included in the disclosure.